Reps for AMC and producers Sony Pictures Television confirmed the casting news to The Hollywood Reporter on Jan. 27. The spinoff is in the starting stages of production, and is expected to air sometime in November.

Banks will reprise his Mike character, joining Bob Odenkirk as a series regular in the Albuquerque-set prequel. Odenkirk stars in "Better Call Saul", reprising his role as fixer attorney Saul Goodman.

Creator Vince Gilligan said in October that there's an inherent danger in doing a spinoff, but he just couldn't resist. He hopes he'll be able to bring back many of the original characters from the award-winning series, saying, "Personally, I'd have a hard time resisting putting all these guys in for a cameo or two every now and then."

Possible cameos for stars Bryan Cranston and Aaron Paul are still on the table for the new series, which has yet to nail down any other cast regulars aside from Odenkirk and now Banks.

Jonathan Banks was a series regular for two and a half seasons of "Breaking Bad". His Mike role earned him an Emmy nomination in 2013.

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